James Slazas, founder and CEO of LiquidStake and DARMA Capital, describes their retail and institutional offerings for customers who want to stake on Ethereum 2.0 but still access the locked-up capital. In this episode, we discuss: 

• what problem LiquidStake solves and how 
• what happens if the dollar value of someone’s stake drops below the amount that they’ve borrowed
• who keeps the ETH in a liquidation 
• how LiquidStake makes money 
• how they determine the price of ETH to make the loan and what it does in the event of a flash crash on an exchange
• how LiquidStake and DARMA Capital are also serving institutional clients
• how total return swap agreements with DARMA work 
• why they offer more tax and regulatory clarity
• why LiquidStake currently offers USDC for its stablecoin
• the pros and cons of a centralized loans on staked ETH 2 over decentralized ones 
• the other crypto systems LiquidStake is partnering with
• how LiquidStake and DARMA Capital are able to make these loans from a regulatory perspective

 

Thank you to our sponsor!

Crypto.com: http://crypto.com/

 

Episode links:

James Slazas: https://twitter.com/DARMA_Slazas

Liquidstake: https://liquidstake.com

DARMA Capital: https://darma.capital

 

LiquidStake announcements: https://www.coindesk.com/ethereum-heavyweights-launch-liquidstake-loans-to-ease-eth-2-0-lockup

https://www.theblockcrypto.com/linked/84277/eth2-liquidstake-borrow-eth-validators

 

LiquidStake blog post: https://liquidstake.com/blog/1

 

Link to the Crypto News Recap:

https://unchainedpodcast.com/this-is-pushing-up-the-price-of-bitcoin/